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Last year of Shmita was 2007. Next year of Shmita begins in Sept. 2014. Fact two: Year of Jubilee happens in 50 year cycles, following the 7th year of Shmita. In Jubilee, all debts are supposed to be cancelled, all land is supposed to be returned to its original owner. Liberty is proclaimed throughout the land.
Since the septennial cycle starts when the Shmita (Sabbatical) cycle starts, we know that the reading of the Torah, according to the septennial cycle, must start in Tishri 5769, as 5768 (5768 / 7 = 824  a whole number with no remainder) was a Sabbatical year.